Political Risk Insurance - African Trade Insurance

Energy Solutions

Political Risk Insurance

When events outside of your control get in the way of business, African Trade Insurance Agency can protect your interests. We are vested in making projects within our member states successful, because Africa is our home.

Political risks can arise suddenly. The speed of change and the volatility of these risks make it difficult to take a long view of a project. Our Political Risk Insurance coverage protects investments in African energy from business interruptions and losses arising from adverse actions or inactions of governments, or due to political events outside the control of the insured.

We take tenors that go beyond the next elections and protect against the volatility. For lenders, our ‘A’ rating by Standard & Poor’s provides capital relief and our policy wording is generally considered Basel compliant.

Insured Events

Insured political risk events are numerous, and may include:

  • Confiscation or expropriation of assets
  • Forced abandonment
  • Nationalization
  • Absence of foreign currency
  • Business interruption
  • Physical damage
  • Import/export restrictions and trade embargoes
  • Restrictions on foreign currency transfers, and
  • Many other eventualities

Flexible Options

ATI’s Political Risk Insurance is flexible. You can protect a specific project risk, a whole project, or an entire project portfolio. For example, we can work with you to:

  • Write policies that cover specific phases of a project
  • Provide policies that are very specific regarding the insured events based on our client’s needs
  • Precisely align cover to the right party – utility, lender, developer or investor
  • Help build the bridge between the private and public players in your project
  • Cover those risks not included under the government’s Letter of Support of Ministry of Finance guarantees

For Political Risk Insurance product enquiries, click here

Insurance enquiry

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